Amalgamation of companies

Accountancy

1.For calculating purchase consideration under net assets method should we take cash or not.. 2. Also in realization account wen sd ee take cash or bank

Shru Kanda

CA Inter

★ 610

08-Aug-22 12:01

749

Answers (1)

Ans for 1 one Under net asset method, the value of all assets are added and liabilities are deducted from the total of the assets to find out the purchase consideration. And thus in this calculation Fictitious Assets are not added because these are intangible assets.

Balachandar S

CA Inter

★ 59K+

08-Aug-22 12:38